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Shiba Inu (SHIB) Burn Rate Surges by Thousands to Increase the Token's Price, and Dogecoin (DOGE) Has Breached a Critical Support Level to Trigger a Rally

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Release: 2024-10-18 18:32:22
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Shiba Inu coin is going through a massive token burn strategy to increase the token's price. Shiba Inu's burn rate has increased by a massive 7

Shiba Inu (SHIB) Burn Rate Surges by Thousands to Increase the Token's Price, and Dogecoin (DOGE) Has Breached a Critical Support Level to Trigger a Rally

Shiba Inu (SHIB) price has increased today after finally breaking out of a crucial resistance level. As SHIB price continues to rally, traders are now wondering if the token will be able to reach $0.00004 by the end of 2025.

Shiba Inu price continues to rise after bouncing off a critical resistance level today. As the SHIB price rises, investors are now wondering whether the token price will reach $0.00004 by the end of 2025.

Shiba Inu price is currently trading at $0.00001882 after increasing 3.94 percent in the last 24 hours. SHIB price is expected to continue its ongoing uptrend as the token price is also trading above all its major Simple Moving Averages. If Shiba Inu price does not face selling pressure soon, it could test the $0.00002206 resistance in the next few days.

Although the Shiba Inu price has increased significantly today, the token price has been showing an upward trend over the last few days. The Shiba Inu price has increased by 15 percent in the last seven days, indicating increased investor interest in the SHIB token. Additionally, the Shiba Inu price has increased by 25.93 percent in the last 24 hours, indicating increased network activity.

Dogecoin price recently broke the critical $0.11 support, indicating that the token price is now giving strong buy signals. If the Q4 subseasonal predictions are correct, the DOGE price is expected to increase by approximately 300 percent as Dogecoin on-chain transactions experienced a significant increase this week.

Dogecoin price is currently trading at $0.1263 after a rise of $10.48. The token price has increased by 93.67 percent in the last 24 hours as more investors accumulate Dogecoin ahead of the expected price increases. If Dogecoin price can maintain this bullish trend, it could soon test the $0.1345 resistance.

There is significant activity among investors in the rush to get their hands on the native LNEX token of the Lunex Network (LNEX) platform during the pre-sale. By launching a new decentralized multi-chain trading platform, Lunex Network is poised to capture the entire decentralized exchanges and centralized exchanges market, which generates $275 trillion every 24 hours. If Lunex Network can capture a significant market share of the crypto exchange industry, the LNEX token price is expected to break into the top 10 cryptos by market cap in 2025.

The reason why the Lunex Network has attracted a huge influx of investors is due to the platform's cross-chain trading capabilities. Instead of locking investors into a single blockchain network or forcing them to use unsecured third-party wallets, L streamlines the entire trading process with its decentralized exchange.

On the Lunex Network, investors can directly trade and exchange tokens on over 40,000 different blockchains without paying any additional costs. Since Lunex Network integrates smart contracts into its ecosystem, the platform sources liquidity from multiple blockchains and splits trading across different networks to achieve the lowest possible transaction cost.

Apart from retail investors, even Web3 developers are flocking to the Lunex Network presale due to its attractive dApp development features. Lunex Network allows investors to lease more than 65 RPC nodes that enable Web3 developers to make dApps that run on different blockchains.

With Lunex Network's LNEX price currently at just $0.0015, investors are rushing to add LNEX to their portfolios before its price skyrockets in Q4. Lunex Network's 2024

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